Home Insurance in Menlo Park, California
Menlo Park's median home value is $2,000,000+.
The typical home in Menlo Park was built around 1964. About 44% of homes were built before 1960, about 4 points above San Mateo County's 40%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.
Housing in Menlo Park breaks down to 62% single-family homes and 28% apartments in buildings with 5+ units. The rest are 2-4 unit or other housing types.
About 62% of owner-occupied homes in Menlo Park have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Menlo Park has an owner-occupancy rate of 54% and a vacancy rate of 12%; unoccupied homes typically need a different coverage form.
67% of homes in Menlo Park are primarily heated with natural gas.
What's the biggest home insurance risk near Menlo Park? FEMA's National Risk Index points to earthquake (Relatively High) in San Mateo County and San Mateo County had 4,143 active NFIP flood policies as of September 2026. See the full San Mateo County home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake damage is excluded from a standard homeowners policy.
The statewide average premium for a standard HO-3 homeowners policy in California is $1,655 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $2,000,000+ |
|---|---|
| Median year built | 1964 |
| Owner-occupied share | 54% |
| Share of owner-occupied homes with a mortgage | 62% |
| Top county hazard | Earthquake (Relatively High) |
| Active NFIP policies in San Mateo County | 4,143 |
| Home insurance premium | $1,655 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)